CHAPTER IV OF MORTGAGES OF IMMOVEABLE PROPERTY AND CHARGES · Rights and Liabilities of Mortgagor
The Transfer of Property Act, 1882
Where the mortgaged property is a lease 1***, and the mortgagee obtains a renewal of the lease, the mortgagor, upon redemption, shall, in the absence of a contract by him to the contrary, have the benefit of the new lease.
1 question in 6 of our papers cite Section 64. Try these from the free papers:
1. Match List I (provision of the Transfer of Property Act, 1882) with List II (rule it contains): List I A. Section 64 B. Section 71 C. Section 70 D. Section 63A List II 1. The mortgagor, on redemption, has the benefit of a mortgaged lease renewed by the mortgagee 2. The mortgagee is entitled, for the purposes of his security, to a mortgaged lease renewed by the mortgagor 3. The mortgagee is entitled, for the purposes of his security, to an accession made after the date of the mortgage 4. The mortgagor, on redemption, is entitled to improvements made while the mortgagee was in possession Select the correct code: